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FORTIS INC - FTSCN 4.183 PERP (FTS-PR-H.CA) Stock Fundamental Analysis

Canada - Toronto Stock Exchange - TSX:FTS-PR-H - CA3495538264

19.21 CAD
+0.29 (+1.53%)
Last: 12/8/2025, 7:00:00 PM
Fundamental Rating

5

Overall FTS-PR-H gets a fundamental rating of 5 out of 10. We evaluated FTS-PR-H against 18 industry peers in the Electric Utilities industry. While FTS-PR-H belongs to the best of the industry regarding profitability, there are concerns on its financial health. FTS-PR-H is valued quite cheap, while showing a decent growth score. This is a good combination!


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

In the past year FTS-PR-H was profitable.
FTS-PR-H had a positive operating cash flow in the past year.
In the past 5 years FTS-PR-H has always been profitable.
In the past 5 years FTS-PR-H always reported a positive cash flow from operatings.
FTS-PR-H.CA Yearly Net Income VS EBIT VS OCF VS FCFFTS-PR-H.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B 2B 3B

1.2 Ratios

With a Return On Assets value of 2.27%, FTS-PR-H is not doing good in the industry: 61.11% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of 6.97%, FTS-PR-H is doing worse than 61.11% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 4.20%, FTS-PR-H belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FTS-PR-H is in line with the industry average of 4.03%.
The 3 year average ROIC (4.10%) for FTS-PR-H is below the current ROIC(4.20%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 2.27%
ROE 6.97%
ROIC 4.2%
ROA(3y)2.18%
ROA(5y)2.17%
ROE(3y)6.69%
ROE(5y)6.58%
ROIC(3y)4.1%
ROIC(5y)4.04%
FTS-PR-H.CA Yearly ROA, ROE, ROICFTS-PR-H.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8

1.3 Margins

With an excellent Profit Margin value of 14.02%, FTS-PR-H belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
In the last couple of years the Profit Margin of FTS-PR-H has declined.
The Operating Margin of FTS-PR-H (28.97%) is better than 94.44% of its industry peers.
In the last couple of years the Operating Margin of FTS-PR-H has remained more or less at the same level.
Looking at the Gross Margin, with a value of 72.57%, FTS-PR-H belongs to the top of the industry, outperforming 94.44% of the companies in the same industry.
FTS-PR-H's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 28.97%
PM (TTM) 14.02%
GM 72.57%
OM growth 3Y3.06%
OM growth 5Y0.41%
PM growth 3Y2.32%
PM growth 5Y-5.83%
GM growth 3Y1.43%
GM growth 5Y0.13%
FTS-PR-H.CA Yearly Profit, Operating, Gross MarginsFTS-PR-H.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

1

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FTS-PR-H is destroying value.
FTS-PR-H has more shares outstanding than it did 1 year ago.
FTS-PR-H has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FTS-PR-H has a worse debt to assets ratio.
FTS-PR-H.CA Yearly Shares OutstandingFTS-PR-H.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
FTS-PR-H.CA Yearly Total Debt VS Total AssetsFTS-PR-H.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B

2.2 Solvency

FTS-PR-H has an Altman-Z score of 0.50. This is a bad value and indicates that FTS-PR-H is not financially healthy and even has some risk of bankruptcy.
FTS-PR-H has a Altman-Z score of 0.50. This is in the lower half of the industry: FTS-PR-H underperforms 72.22% of its industry peers.
A Debt/Equity ratio of 1.35 is on the high side and indicates that FTS-PR-H has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.35, FTS-PR-H belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.35
Debt/FCF N/A
Altman-Z 0.5
ROIC/WACC0.88
WACC4.76%
FTS-PR-H.CA Yearly LT Debt VS Equity VS FCFFTS-PR-H.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10B 20B 30B

2.3 Liquidity

A Current Ratio of 0.66 indicates that FTS-PR-H may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.66, FTS-PR-H is in line with its industry, outperforming 44.44% of the companies in the same industry.
A Quick Ratio of 0.54 indicates that FTS-PR-H may have some problems paying its short term obligations.
FTS-PR-H has a Quick ratio (0.54) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 0.66
Quick Ratio 0.54
FTS-PR-H.CA Yearly Current Assets VS Current LiabilitesFTS-PR-H.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

4

3. Growth

3.1 Past

FTS-PR-H shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.26%.
FTS-PR-H shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.08% yearly.
FTS-PR-H shows a small growth in Revenue. In the last year, the Revenue has grown by 5.21%.
The Revenue has been growing slightly by 5.55% on average over the past years.
EPS 1Y (TTM)7.26%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%-4.71%
Revenue 1Y (TTM)5.21%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%6.03%

3.2 Future

The Earnings Per Share is expected to grow by 6.39% on average over the next years.
FTS-PR-H is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.98% yearly.
EPS Next Y7.44%
EPS Next 2Y5.27%
EPS Next 3Y5.68%
EPS Next 5Y6.39%
Revenue Next Year7.37%
Revenue Next 2Y6.09%
Revenue Next 3Y7.06%
Revenue Next 5Y3.98%

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
FTS-PR-H.CA Yearly Revenue VS EstimatesFTS-PR-H.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 5B 10B
FTS-PR-H.CA Yearly EPS VS EstimatesFTS-PR-H.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4

7

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 5.65, the valuation of FTS-PR-H can be described as very cheap.
Based on the Price/Earnings ratio, FTS-PR-H is valued a bit cheaper than 77.78% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.34. FTS-PR-H is valued rather cheaply when compared to this.
FTS-PR-H is valuated cheaply with a Price/Forward Earnings ratio of 5.28.
Based on the Price/Forward Earnings ratio, FTS-PR-H is valued cheaply inside the industry as 94.44% of the companies are valued more expensively.
FTS-PR-H is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.56, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 5.65
Fwd PE 5.28
FTS-PR-H.CA Price Earnings VS Forward Price EarningsFTS-PR-H.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, FTS-PR-H is valued a bit cheaper than the industry average as 77.78% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 7.85
FTS-PR-H.CA Per share dataFTS-PR-H.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

FTS-PR-H's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FTS-PR-H has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.76
PEG (5Y)1.11
EPS Next 2Y5.27%
EPS Next 3Y5.68%

5

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 3.60%, FTS-PR-H has a reasonable but not impressive dividend return.
With a Dividend Yield of 3.60, FTS-PR-H pays less dividend than the industry average, which is at 4.03. 83.33% of the companies listed in the same industry pay a better dividend than FTS-PR-H!
Compared to an average S&P500 Dividend Yield of 2.31, FTS-PR-H pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.6%

5.2 History

The dividend of FTS-PR-H has a limited annual growth rate of 5.61%.
FTS-PR-H has been paying a dividend for at least 10 years, so it has a reliable track record.
FTS-PR-H has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)5.61%
Div Incr Years0
Div Non Decr Years3
FTS-PR-H.CA Yearly Dividends per shareFTS-PR-H.CA Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8

5.3 Sustainability

FTS-PR-H pays out 50.83% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of FTS-PR-H is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP50.83%
EPS Next 2Y5.27%
EPS Next 3Y5.68%
FTS-PR-H.CA Yearly Income VS Free CF VS DividendFTS-PR-H.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B -1B 1.5B
FTS-PR-H.CA Dividend Payout.FTS-PR-H.CA Dividend Payout, showing the Payout Ratio.FTS-PR-H.CA Dividend Payout.PayoutRetained Earnings

FORTIS INC - FTSCN 4.183 PERP

TSX:FTS-PR-H (12/8/2025, 7:00:00 PM)

19.21

+0.29 (+1.53%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)11-04 2025-11-04/bmo
Earnings (Next)02-12 2026-02-12/amc
Inst Owners56.48%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap9.71B
Revenue(TTM)12.04B
Net Income(TTM)1.69B
Analysts65.71
Price Target20.03 (4.27%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.6%
Yearly Dividend1.65
Dividend Growth(5Y)5.61%
DP50.83%
Div Incr Years0
Div Non Decr Years3
Ex-Date11-17 2025-11-17 (0.26144)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.08%
Min EPS beat(2)-5.22%
Max EPS beat(2)7.39%
EPS beat(4)3
Avg EPS beat(4)1.26%
Min EPS beat(4)-5.22%
Max EPS beat(4)7.39%
EPS beat(8)7
Avg EPS beat(8)1.7%
EPS beat(12)10
Avg EPS beat(12)2.25%
EPS beat(16)11
Avg EPS beat(16)0.79%
Revenue beat(2)2
Avg Revenue beat(2)1.8%
Min Revenue beat(2)1.3%
Max Revenue beat(2)2.3%
Revenue beat(4)2
Avg Revenue beat(4)-1.99%
Min Revenue beat(4)-11.44%
Max Revenue beat(4)2.3%
Revenue beat(8)2
Avg Revenue beat(8)-3.45%
Revenue beat(12)4
Avg Revenue beat(12)-0.61%
Revenue beat(16)8
Avg Revenue beat(16)1.43%
PT rev (1m)3.31%
PT rev (3m)2.75%
EPS NQ rev (1m)1.22%
EPS NQ rev (3m)-0.52%
EPS NY rev (1m)0.93%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.29%
Revenue NY rev (1m)2.06%
Revenue NY rev (3m)-1.19%
Valuation
Industry RankSector Rank
PE 5.65
Fwd PE 5.28
P/S 0.81
P/FCF N/A
P/OCF 2.42
P/B 0.4
P/tB 0.99
EV/EBITDA 7.85
EPS(TTM)3.4
EY17.7%
EPS(NY)3.63
Fwd EY18.92%
FCF(TTM)-4.41
FCFYN/A
OCF(TTM)7.93
OCFY41.26%
SpS23.82
BVpS47.88
TBVpS19.4
PEG (NY)0.76
PEG (5Y)1.11
Graham Number60.52
Profitability
Industry RankSector Rank
ROA 2.27%
ROE 6.97%
ROCE 5.06%
ROIC 4.2%
ROICexc 4.22%
ROICexgc 5.33%
OM 28.97%
PM (TTM) 14.02%
GM 72.57%
FCFM N/A
ROA(3y)2.18%
ROA(5y)2.17%
ROE(3y)6.69%
ROE(5y)6.58%
ROIC(3y)4.1%
ROIC(5y)4.04%
ROICexc(3y)4.12%
ROICexc(5y)4.06%
ROICexgc(3y)5.36%
ROICexgc(5y)5.34%
ROCE(3y)4.93%
ROCE(5y)4.87%
ROICexgc growth 3Y0.42%
ROICexgc growth 5Y-1.68%
ROICexc growth 3Y1.61%
ROICexc growth 5Y-0.39%
OM growth 3Y3.06%
OM growth 5Y0.41%
PM growth 3Y2.32%
PM growth 5Y-5.83%
GM growth 3Y1.43%
GM growth 5Y0.13%
F-Score4
Asset Turnover0.16
Health
Industry RankSector Rank
Debt/Equity 1.35
Debt/FCF N/A
Debt/EBITDA 5.92
Cap/Depr 304.79%
Cap/Sales 51.77%
Interest Coverage 250
Cash Conversion 72.4%
Profit Quality N/A
Current Ratio 0.66
Quick Ratio 0.54
Altman-Z 0.5
F-Score4
WACC4.76%
ROIC/WACC0.88
Cap/Depr(3y)245.88%
Cap/Depr(5y)249.09%
Cap/Sales(3y)38.85%
Cap/Sales(5y)39.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7.26%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%-4.71%
EPS Next Y7.44%
EPS Next 2Y5.27%
EPS Next 3Y5.68%
EPS Next 5Y6.39%
Revenue 1Y (TTM)5.21%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%6.03%
Revenue Next Year7.37%
Revenue Next 2Y6.09%
Revenue Next 3Y7.06%
Revenue Next 5Y3.98%
EBIT growth 1Y8.76%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year74.46%
EBIT Next 3Y26.15%
EBIT Next 5Y18.99%
FCF growth 1Y-510.14%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y9.21%
OCF growth 3Y10.12%
OCF growth 5Y7.71%

FORTIS INC - FTSCN 4.183 PERP / FTS-PR-H.CA FAQ

Can you provide the ChartMill fundamental rating for FORTIS INC - FTSCN 4.183 PERP?

ChartMill assigns a fundamental rating of 5 / 10 to FTS-PR-H.CA.


What is the valuation status for FTS-PR-H stock?

ChartMill assigns a valuation rating of 7 / 10 to FORTIS INC - FTSCN 4.183 PERP (FTS-PR-H.CA). This can be considered as Undervalued.


What is the profitability of FTS-PR-H stock?

FORTIS INC - FTSCN 4.183 PERP (FTS-PR-H.CA) has a profitability rating of 7 / 10.


How financially healthy is FORTIS INC - FTSCN 4.183 PERP?

The financial health rating of FORTIS INC - FTSCN 4.183 PERP (FTS-PR-H.CA) is 1 / 10.


What is the earnings growth outlook for FORTIS INC - FTSCN 4.183 PERP?

The Earnings per Share (EPS) of FORTIS INC - FTSCN 4.183 PERP (FTS-PR-H.CA) is expected to grow by 7.44% in the next year.